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20121201
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Search Results 0 to 5 of about 6 (some duplicates have been removed)
. the u.s. is hardly alone -- u.b.s. is hardly alone in having to pay. >> caught trying to manipulate important interest rates and punished with 940 million pounds of fines and confiscation of ill-gotten gains. >> this is some of the most shocking behavior we have seen to date. this was prevalent across the firm for five years when people were seeking to manipulate an internationally used benchmark used for millions and trillions of pounds of contracts in order to benefit their own trading position. >> u.b.s. traders colluded with other firms in market rigging. one u.b.s. a banker said to a broker, let me do one humongous deal. i will pay $100,000, whatever you want. i am a man of my word. the bank has been punished by switzerland, the u.k., and the u.s. >> make no mistake. for u.b.s. traders, the manipulation of libor is about getting rich. as one broker told a derivatives trader, you are getting bloody good at this game. think of me when you are on your yacht in monaco, won't you? >> it is a 1 billion pound fine too much or too little or about right? >> it is not about the fine. wha
in syria are accelerating. she also joined the u.s. defense secretary in expressing concern that damascus is considering using chemical weapons against the rebels. >> i think there is no question that we remain very concerned, very concerned. as the opposition advances, in particular on damascus, the regime might very well consider the use of chemical weapons. >> secretary panetta went on to say that the white house made it clear there will be consequences should the assad regime make the mistake of using those weapons on its own people. for more on the perspective from damascus, i spoke a short time ago to the bbc's jeremy bolon -- jeremy bowen. >> the issue has been pretty firm on the use of chemical weapons. any news from damascus? >> i think the regime here can feel the pressure. it has been under huge pressure in the last couple of weeks, increasing pressure. of the most pressure has faced from the west, certainly, in the almost two years this has been going on. i spoke before panetta made his remarks to the information minister and he repeated one of their official positions, which
to advance certain people in the opposition. we should not kid ourselves even though they use the word coalition. it is not a single unit by any stretch of the imagination, so why don't we look for military and intelligence support for those individuals and groups who can do effective fighting? we think we are more likely to move indirections' we think we can support. there might not be that large a set of people that can fit those criteria. >> how much support you think the u.s. is giving those groups at the moment? >> it is my understanding is fairly modest. it is mostly nonlethal aid. with few exceptions, i do not think the problem facing the opposition is lack of arms. they have captured a lot. there have been some defections, so while they could probably use anti armor and anti helicopter tight arms, they have more than enough. i think it is more the organization and their leadership, and that is where training and advice they might be more important than furnishing specific armaments. >> thank you. in defiance of international warnings, north korea has gone away with successful -
been violent clashes for the second day outside the presidential power us -- palace in cairo. demonstrators have been during petrol bombs. four senior advisers have resigned. what are the chances for a peaceful resolution? that is the question i asked the state department spokesman p.j. crowley. >> we have had the former head of the iaea suggesting that morsi is now worse than hosni mubarak. is getting quite tense there, isn't it? >> it is. and the tension between institutions is actually potentially constructive. and every faction is sending their groups into the streets, or the muslim brotherhood is sending dogs to intimidate the court. this could create a very tense situation and potentially spiral out of control. >> how accurate are those comments about morsi? >> we do not know yet. none of those statements necessarily mean there is anything other than competition. you have the court stopped with mubarak appointees, but nonetheless, you have the other branches of government. . there's also the definition of the future of egyptian society. >> i was interested to see what y
Search Results 0 to 5 of about 6 (some duplicates have been removed)